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Important Banking Awareness Questions and Answers
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Important Banking Awareness Questions and Answers
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25 Questions

1. For repayment of loan availed from Banks NBFC we come across a term known as EMI What does it stand for?

2. Many a time we read a term -˜PPP-™ in financial dailies/magazines. What is the full form of the same as used in financial world?

3. What is the mean of NEFT?

4. Credit risk to the bank is high from which of these cards?

5. What type of loan is granted by banks for purchase of white goods?

6. Many times we read about SHGs in financial newspapers. What is the full form of the term?

7. Which loan constitutes the largest percentage of Retail loans in India?

8. What is the maximum period for which domestic term deposits are normally accepted by banks in our country?

9. In India which of the following have the highest share in the disbursement of credit to agriculture and allied activities?

10. What is the maximum permissible limit for investment in PDF account in a financial year?

11. Which asset can be mortgaged?

12. Which reserves can act as a liquidity buffer for commercial banks during crisis times?

13. Which instrument cannot be transferred from one person to another by endorsement?

14. Monetary Policy as an arm of the economic policy is administered by which bank?

15. What are fixed deposits and recurring deposits?

16. Which is -˜material alteration-™ of a negotiable instrument?

17. The Govt. of India has acquired RBI-™s stake in one of the major banks of India. Which that bank?

18. Which is a measure taken by Reserve Bank of India to control inflation in our country?

19. What is the Expand term of ALM as used in Banking/Finance sector ?

20. Which agency/organization in India maintains the Micro. Finance Development and Equity Fund ?

21. Which state became the first state in the country to launch RBI-™s e-payment system for commercial tax payers?

22. What is the name of cheque when a bank returns unpaid?

23. Many times we read about -˜Hawala-™ transactions in newspapers. Hawala in India is prohibited under the provision of which Act?

24. What is money laundering?

25. What is the mean of Bad debts?

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